We have American water, which is basically right up to its big resistance. Hmm. So this is Thursday. All right. Thursday was a terrible day. 55 to 53, basically. Yeah. That was a nasty day. However, it was a beautiful day for us, for what it did. It shook itself out and we began the squeeze. Yeah. Cause it makes sense. Consolidation, periods, consolidation, period. Well, this was a liquidation, basically. Liquidation break it, everybody out. We can’t out consolidation. Our moving averages moved back positive above the 50. We retested the 50 after breaking out or getting basically to our our zone on Monday and then reached our 50, which is beautiful. And now we’re looking to go up. Momentum shifted on Friday as well. A WK looks like we are finally going to break out of this level of 56, 41 with the upcoming Week. Middlesex. I like it. Look at this as well. That’s a sucks. I was, I was late. Right. So
I didn’t give myself enough time. This looks amazing. It looks like we’re headed up to the here. Finally I got in here to break out, but it took from basically from April 30th to May 30th for it to do something. So I didn’t get anything on this, which is terrible, but whatever. It’s finally starting to break out and I still say, this is beautiful looking to go to 87 to 89 or to 91 and finally broke out and broke out beautifully. So look for it to continue. Ida, if you squeeze broke low, but we just hit the hundred. If you were to just be like a textbook trader our technical trader all the way by with a very short stop, just because it hit the 100. So there should be some buyers there to pop us up to probably the 99 48. But don’t forget, you have a big level right here at the 98 48. So that’s hard. I kind of see what would happen again. If you were just to trace during textbook, this would be your entry Point right here. Duke
Very frustrated with duke. I, I w I thought here we would start to transition at least attempt to go to one oh six, but we literally have gone five straight days down with a squeeze looking down. So what looked amazing here looks terrible here. Republic services. I, I, this, this looks pretty decent to me. We had three down days, which was pretty much consolidated. Like it didn’t go very far down. And then Thursday, we had a decent, strong update, which closed above Wednesday’s high. Then Friday, it looks like we almost held the two six extension, but we’ll see til Monday, I don’t really see there’s too much issue with this. We are in negative. We are in a squeeze with downward momentum. I don’t really see it. I kind of see that we can transition ourselves up to at least one 12. So Nova still ugly. Stay out of the way. A E S no. I mean, it’s holding the, the nine, nine period moving average, but Has To really kind of get above the a hundred before I even want to talk about it. D T E. Well, this is like heavy momentum down. We are closer to 50. So wash the 50. We ha we’re really not that far away from the hunt or like the high. So just keep that in mind as the 50 keeps creeping higher, the momentum says down, however, on these last three down days, it actually kind of float higher, right? It’s yes, it’s down, but it flowed higher. Right? So it’s bringing our moving average higher than lower. So I kind of see maybe Monday or Tuesday tomorrow, we hit the 50 and then look for it to try to transition back up to the high. Yeah, I, yeah, it just, just keeps wanting to go lower. Doesn’t it? It just doesn’t want to go. We drew lines two weeks ago and it broke down and we drew lines last week and it broke down. So it just doesn’t look like it wants to go higher at all. It looks like it wants to go lower. Yeah.
Brookfield energy, renewable partners looks good. The hundred it’s it makes sense. It’s trying to battle above the hundred as it’s, it’s trying to change direction, change from being down to being now, if it can get above the a hundred, it’ll be a positive stock. So, or just above the 100, not a positive stock, but a above 100. So it makes sense. There’ll be some resistance there. We’re looking at the nine has came all the way back or caught all the way up. See the bounce off the nine or the 20, and then see if we can gain enough momentum to break through the 100. Alright, so you guys next week,
Or excuse me for healthcare first, go over Minera or Moderna Moderna had an amazing day on Friday, 3%. Let’s check out this last week. Yeah. The moves just got bigger and bigger and bigger and bigger and huge. So this is, oh, Darren. I popped off of the 50 then held the the one, five, nine to 50% retracement or extension. And it looks like it’s off for the races. Well, we got one 86 watch a quick little, one 91 pop or like basically drop. I would say it dropped like all the way down to maybe 72. It could cause liquid came from, from, you know, 59.
But if we hit the [inaudible], I’d say it comes back down to right around here. The 80 level that the 80 level I’d say by a good right here would have been your ideal jump in, especially after a down day on Friday, but looks good. like I said, be careful. we’re at basically all time highs at the one 89 or the yearly highs at one 99, which is basically all time highs for the stock. So be very careful. This could just take off, hit the two 15 and then shake everybody out. Remember just, just think of all the different possibilities that could happen. We are coming up to a massive amount of resistance, which is here and here. So we break out, we can break out pretty decent.
A B, B V we’re just entered the squeeze as you could, as an indication down here. I don’t know. I’m not, not, I guarantee that I’ve really liked this the way it is. Yes. We just hit the 50. So it would be a, a textbook just by, and obviously we’ve got the bounce the next day, but then we got rejected right at the 20. So I, if it holds the 50, great let’s look for it to, to kind of shift back up to one 19. But if not it could just drop down to the 100, which would be one oh eight. So just be careful. I, it doesn’t look very pretty Johnson and Johnson. We are right at the highs high end tight Friday started off great, kinda got destroyed. As you can see this chart doesn’t even, it doesn’t even tell justice. It looks extremely barest right here, but when you put it all in perspective, it’s a two point difference on a hundred dollars stock. So we’re looking at like nothing, 2% difference. No, it’s almost $200 stocks, like one and a half percent difference between here and where we are. So it’s not very much. And we’ve been dancing around in here for quite some time as we just entered a squeeze. So I, I mean, it’s all kind of goes and see what happens with the market, but I don’t see any problem with this at all.
Okay. However, let me say before, I would really want to get in. I want to see it go above the one 71 or if it kind of touches down at the 50 kind of the one 66, I would say that’d be another decent entry, but I’d be careful because it could flush further, but I wanted to see if it can maintain
Holding the 66 75 gild
This got, just look at this now I know I was saying, be careful watch the 67, but wow. I mean, that’s not really that much. It’s 66, so it’s not like it really dropped terribly, just looks terrible on them on the chart. Again, looks terrible on a chart, but we’re right at the 50 holding the hundred. Here’s three easy. If we can get to, if we hold this for maybe next week and we’re anywhere between this area, you know, went down, touched it and then starting to build higher then. Yeah. I’d want to get in looking forward to break the 67 77 and go higher than the 70. Or if this just starts going up next week, I’d want to see it break the 67, hold the 67, then go from there. Pfizer
Well, last week was not very helpful for Pfizer and we’re in a downward squeeze at this moment. I’m rising. Yeah. Stay away. Unless you want a short, I’d say this is a short, but watch be very careful because we have the 50, which we have all these lines right here. There is with support from the past, or just be very careful, but it does not look like Pfizer’s going To.
Doesn’t look like it’s going to the moon. Let’s just say that might be going downward. Bristol Myers, man. It’s like all the healthcare. We broke it out, which was one, two, three, four, five, and Monday we broke it to a high and God destroyed, but we were at the 20. So let’s see what that does on the 20th. It owes the 20th and look forward to break out. Cause this are dyadic stitches. These are just like I drew. So we’re in their range. As you see, is, is they’re high and a high, so we hold, hold this, this green line and look for it to go higher if it holds
Merck.Oh yeah, this is nasty. Ah, last week was a terrible week for this for Merck. And as the chart looks, doesn’t look like it’s getting any time and we’re better. So yeah, short by some bullets, AstraZeneca. I like it just be easy. It could jiggle around a little bit longer for the 20 to break the 55 75. This could. So in other words, we couldn’t hit the 70 or the 55 75 just to make sure the green go through Babette there decided to go higher. Yeah. H U N H United health group just well entered to squeeze two days ago. It says negative momentum. I would like to disagree with that. It looks like we’re steady building a little bit higher and a little bit higher looking to break the four 25. So if I were, I would buy some calls maybe a little bit longer or we’ll give it a little bit of time, but that’s going to be, that will be expensive just because it’s a $400 stock. No Sarepta Sarepta Yeah, it looks like a rollback over who were retest this 68 zero four. All right. Healthcare.
Video, we’ll go over utilities. This is AWK American water. One, two, three, four, five. This is worked out. This is beautiful. This is, I mean, watch out right here. I which it did it hit, it bounced off. Basically. Let me just show you, there we go. That’s our new, so we, we came down. If you remember last couple of weeks, we’ve been saying it’s coming down. Watch this line right here. The one 53 53, it got rejected. This is Monday, Tuesday, Wednesday, Thursday, Friday. So last Friday we came up here. We got rejected, came back down and now we’re coming back up. Got rejected at this line right here. I would say just cause we were really close to, I mean, this is a nice run, 50 and 55, five point run. I need to start watching this stuff in the middle of the week and I’m missing grid stuff. I’ll say watch the one 53 53 just for it to touch it. Right. Just to cause it broke out. I wouldn’t be surprised it comes back down and then you’ll build momentum and then pops out on our way to one 60 and then one 65 and yeah, duke energy. What is going on here?
So this is twice. What is this? Monday, Tuesday, Wednesday, Thursday, Friday, Monday the 17th. We had another weird day. We’re getting ready. It’s weird. Earnings came out blue pass up to 108. And again, it got like destroyed at the end of the day. So same thing happened on Monday. Went all the way up here and then got destroyed. Maybe it’s a funny take rating, but if there’s a lot of shorts at that level and they’re getting like eight and up right here, then watch yourself because the second if passed right here. Right. Does that make sense? What I’m saying? So you have a lot of shorts, a lot of shorts. So like right when it got up to this, I guess one oh eight level, right? All the shorts in their mamas. Great.
Boom comes down. Does it again comes down breaks a little bit. So you’re, you know, you just broke your, your weekends right here because nine out of 10 people that had it, like a stock bought it in. They, their stop was right around here at below here. They drop it like barely. So it’s like a look below and fail to get, just get people out and on our way to the races. Again, I, 100% we’re still on. We’re still in this position. I see one oh six to one oh eight. No problem. I’m not really. I mean, it’s already hit one oh eight twice. It just got rejected terribly. Okay. D T E and last week we had our crash. We were looking for, it. Came down, hit the red line. Basically. Obviously it didn’t hit it. It’s close enough though. And it looks like a w if we can. So mind you, you’re going to have to watch this for yourself unless I start making videos on Wednesday. Watch for the 40 to 65, the one 41 42 65. Watch for the breakout of that. If it can break out of that and it breaks out with volume
Or what we water sheet right here with the volume, excuse me.
If it can break out of here with volume, then it should break out this one 45, relatively easy. It’s already kind of had a liquidation break, which was this right here, basically this right here, all the way down to the, does it like the relation break all the way down to here? So that’s a decent move. That’s one 40 what? Basically 42, one 42 all the way down to one 36. So we’re looking at like what a six point move six, seven point move in relatively short time, basically liquidation break. The same thing that we saw over here made it high. And then it broke two days in a row. Today’s higher, two days in a row. Now the kind of broke that two and two and two right here. And so, I mean, it got to this level, the two, one, three, or present out. But I would say watch again for at the 42 72, but as long as it stays above the 41, 29, I would say don’t worry and watch yourself running. Let’s see. I should have been reading what we are positioned in. Apologize for that. Okay.
So yeah, the duke, this is DTE, but duke or June 18, one oh five, call a D T E. I think they expired worthless. Now I just to point out a lot of these, like a lot of the positions, there’s not very much money invested in any of these. It’s like we’re we’re, if you’ve noticed we’re investing like 50 bucks, maybe a hundred bucks on a, on a big day, but none of nothing is extremely large. If that makes sense. We’re not, we’re not investing heavy on anything who healthcare at you know, we’re sorry. We are in utilities, stay focused. Alright. On utilities. Let’s we DTE don’t don’t see anything. BEP Brookfield, renewable partners. Wow, wow. Too bad. I missed this. Missed this all the way. This is wait for a pull, wait for some type of fullback and then go for it.
I don’t, I’d have to look and see what happened in the news. This is just out of nowhere. Cause one, two, three, four, five. So this is Monday, Tuesday, Wednesday, Thursday, Friday. So Friday, last Friday, I guess we had a decent day. I remember saying watch out for this line that did exactly what I thought I was going to do. Then Wednesday, Thursday, Friday, pub Blough 36 to $44 move. We probably could have got something for like 60 cents and turned into $3. That’s frustrating. I really do think I’m going to have to start looking in the middle of the week and analyzing, because I’m losing money too, by not looking in the week. Not by just missing opportunity, but just losing money. Ida
Ida. It looks like it could be poised for us to finally do something for sure. We got in like right around here the last time and it got in and fizzled out on us. Like super fast. I think we’ve lost money on that. [inaudible]
It’s building, you were in a squeeze. We were just in a squeeze which fired and then got rejected in instantaneously. But again, I’m thinking, let’s try to take this out. Let’s see. Yeah, it’s a reversion to the mean we have this huge move March, right from 86 to one oh three and all it’s done is now check it out. It can revert back to the meaning and drop down and go back to this red line or it can do what it has done and just do nothing and waiting for this red line to come up. You see how literally, since it popped up to here, it has done nothing but allow the red line and the yellow line to creep higher and higher, higher up. Right? So now our, what is this? This is the 50 and this is the a hundred. So within 50 days now we’re at an average of 50 days. So I would say pay attention to this upcoming week.
Look, worse position or go higher Pass it’s one oh four R S G. So this one has not been, I haven’t talked about this one thus far. The reason is I feel kind of stupid. It was in my portfolio, but I couldn’t see it. I was wondering what was wrong. Cause I was like, man, something doesn’t look right. There’s something missing or missing. And I was right. It was revoke services. What a beautiful move. This was basically two weeks straight up from one oh four to one 13. We’re kind of in the middle kind of catching ourselves. Yeah, this looks, I mean, it doesn’t look ugly. I would go out just a little bit. Let’s see. What did they do on the earnings? Yeah, they broke or they beat on earnings. I mean, no top line, bottom line, but They’re holding the Twitter relatively. Well
This is the nine, their whole, I mean they’re, they’re above the nine. So this is kind of like an all cylinders. Yes, let’s go. Depending on what the news is, right. They, the last couple of weeks have been quite volatile, but this looks like a half day one looking to poise to go and break out the one 13. Let me see kind of what the let’s do an extension [inaudible] So this is the game that they’re playing ladies and gentlemen. So our 50 is right at the top of this, this red bar. So we have a little bit of resistance, the one 10 and the one 11, but then once we’re past the one 11, we’re pretty quick to the high of the Republic services, eight E S [inaudible]
And telecom pass this yellow line. I don’t like it when, when it passes the yellow line and it can hold the yellow line, then I’ll be like, okay, but as of this right now, it looks like a lot of chop, like down and up and down and up. Now, if it didn’t, it didn’t make a higher, low, and it is above the a hundred percent mark or the zero mark. So if you want it to be, if you wanted to jump the gun, then yes, I buy in looking for like another $2. It’s just a really cheap stock. So I mean, you could probably get in for like 20 bucks and give you, give yourself the gift of time and well, let’s just look at it. It’s just easier to do that. So like I said, yeah, giving yourself the gift of time. The 26 we’re already at 25, 36 is 50 cents. So you’re paying basically 26 80. Well, no, I mean, you got to basically gain 80 cents within the next 26 days and you break even.
So, like I said, you could literally even the 27. So if it were to move $2, oh, this is what they did. You can see, they just bought a spread because it’s a 25 cent spread. Right? And for it’s it’s the, the price is 25 cents, but it’s a dollar. So if we were to spend $25 and it were to get up to 27, then we just made like three times our money Nova, very frustrated with this stock, hate this dog. Don’t want nothing to do with this right now. Don’t even want to talk about it. And it’s my own personal form fault. Right? It’s my own fault I bought in here and I did not get out here. Had another chance to get out of here, did not an washed Washington. Just don’t want to talk about it. Still love the company. Still loved the company. Loved the idea. Obviously go over it again, come December. I’m going to go over every last one of these, make sure that it’s, there’s still fitting the criteria that I want. But as of right now, I mean, it looks terrible. Don’t get me wrong. This stock looks absolutely redness. We basically wouldn’t drop 50%. So I’m not saying that this is a great whew, cause this is absolutely horrendous. In one year we went from 13 to 57 to 28. So this is a quite volatile stock. But wait a minute, wait just a second here. [inaudible]
Guessing that’s the low give or take? No, that’s 10, 13, 16. That’s cool.
Close enough. I don’t know. I’m dyslexic. I picked 20 instead of 13. Yeah, so we’re holding the 50% mark we crashed. Yeah. So that gives a better, a better line on which I draw these lines before, because that’s an awesome, like just short. That just makes perfect sense in a double short, not the line that I drew. Right. However, I didn’t didn’t draw these lines and it makes a lot of sense. Cause it’s literally, I mean my drum off a couple cents, but yeah, it’s, this might be a turn it’s doing a little bit different than what it has before. You kind of noticed that they’ve been sharp just a little bit, but it’s still kind of it’s sharper than this. This is more of a rounding right. Kind of a bull. So we’ll see. I still don’t like it. I got burned. I don’t like it.
Middlesex water. We’ve literally gone nowhere. So this is Friday, Thursday, Wednesday, Tuesday, Monday had a great day Monday and got from what 70, or basically 79 to 80 and having one hell of a time trying to get above this 80, 70. So I would not deal with this until it can gain 20 cents and stay there. Then once it’s can stay above the 80 70, then I’m looking forward to basically retest the 85 on its way higher to 85 95, which is the high. So we’re getting there, it’s holding its pressure, but we’re getting there. It’s just not doing it very fast and our GE energy. Wow. Okay. Yeah, holding the line that we drew last week and it’s holding it for dear. Well, no, it broke it and it stayed in our range though. The range we drew last week, it’s still there.
It’s hasn’t gone. Well, it’s gone up and down one, two, three, four, five, Monday had a great day and then got destroyed. So again, but again, it’s higher than the touch right here. So just give it some time. If it can hold this red line right here, then let’s look for it to try to touch this right here, the 36, but it has to hold this, this red line right here. And this is 100% downward trend. It is not. It’s like literally going to our lines and getting rejected. So this could be our bar double bottom though. So just be careful pay attention and look out. All right. Have a great one.
Energy, if will, same story kind of washing the repeat with oil at the moment. If you can see the 66 77 is the target. That is the massive target we have been consistently been talking about since the beginning of this. We’re basically seven years in below 66, 77. I personally thought we were going to break it. What is this Friday? Monday, Tuesday, Wednesday, Thursday, Monday, Tuesday, Wednesday, Thursday. I thought we were going to break it Monday. We did on Tuesday. If you see, we made it all the way to 67 oh two and then got rejected for three straight days. And they were some pretty nasty selling days too. I mean, we lost a
We lost 8% in the oil market in three days. So was it a nasty day? Yes, it was completely terrible, but it was, it was almost expected. Right. I, I mean, I personally thought we were going to break above, but we did not, but I mean, again, it’s nothing to be concerned with. It’s going to go higher. It will break out. I don’t know if it will happen this week, right. But it will again, waiting for it to break. Well actually this is, this is interesting. This is really interesting. All right. Our first break look at the 151, our last, our last touch, which was in May 5th 57. So that is way higher than 51. Right? So let’s look down here. Our retracement was at 57 57, 25, 57, 29, 57 44. Right? Where are we now?
58 or basically 59. So we are our hundred day moving average is now up here, right? Opposed to down here, which is very bullish for the oil market. Remember, I’ve been saying it, one of two things could have happened when it, when you see how the, the distance between it one or two things, it could have came and it could’ve came all the way down, but it hit the 50 and basically jingled around. And now the a hundred has caught is almost caught all the way up above 60. So if it was going to make a move, it would make a move. Give it just a little bit, maybe. I mean, remember these are days, so if it stays anywhere close to here, this is going to be above 60, relatively fast. Let’s see when the first, yeah, so it’s the a hundred day if it broke above 60 February 16th. So we’re days away before the hundred is above the 60, which I, I mean, in a sense, it would kind of give it the ability. Cause look at this, that’s a parent that is a huge move, right? There was at 39, it was touching. And then it basically doubled almost, almost like 80% gain. So it makes sense. It’s been jiggling around our necks. Like if this were the case, look at this.
So like I said, basically a hundred percent gain, $33. It’s a 98% gain in 826 days. Right. So let’s go, let’s duplicate this. There you go. I’m going to show you something. All right. That’s not exactly what I wanted to do. All right, well, you get my point. We’re not going to duplicate it because it’s not working how I want it to, but it was a hundred percent gain, 98%. So 98% gain on this. If it were to happen, brings us to 120 right now, I know you could be looking at
Me and you’re like, there’s no way. Or it was going to get to 120 and any time soon, however, do
Not guesstimate that it’s not because just on inflation value, how much money, how many dollars did we print last year? What was it? One third, the amount that was available. So just from inflation alone, oil can make it up to 120. And literally it will, would be the same exact price as it is today. Just it’s going to cost more because we printed so much money. And so did the world. So could the oil go higher to a hundred, hundred and 20 probability, very slim possibility possible. All right, let’s get into it.
CVX. Now we just looked at oil. All these stocks are going to basically look like what the chart we just looked at. We are in the money on quite a few of, excuse me, the oil stocks or right. And half the money. So let’s check about we at CVX. We didn’t, I don’t think I pulled in any last week. One, two, three, four, five, which is good. Cause it, it, it was nasty. But again, we just looked at the whole oil markets. Almost all of these are going to be the same. What we’re really looking for is the one or two stocks that did not drop that they did not care what oil was going to do. And they were going to stay strong. Regardless.
I Sunoco Sunoco. I mean, mind you after earnings, this was, I mean, estimate 69 cents actual a dollar 60. My goodness. That is beautiful. It came all the way down. This is what two weeks ago. And we are on all cylinders about to break out this one. I I’m in love with this. This is beautiful. June 37 50. What are we at? We’re at almost 36, 37 50 for 26 days is only 30 cents to that. I can literally get you to a dollar. It was a three timer right there. Three backer. Give yourself a little bit more time and give yourself 54 days. And you’re looking at less than a dollar. You give yourself 200 days and you’re looking at a dollar 50, right? This Sunoco is dirt cheap. It’s dirt cheap. It’s I mean, they’re giving it away. I want to give me some of us. I think we already got some Sunoco. Let me check.
Yeah, we already got some, we got a 37 fifties. September’s right. Cause I, I can remember they, they were really cheap. So September 37 50, we are almost there and we haven’t till September we bought them for 80 cents. They’re at a dollar oh seven V L O Valero. No, no, thank you. Do not like it. I will kind of like it when it reaches this red line, if it can touch this red line, we’re good. But again, with the whole or oil it’s, it’s, I’m looking for this exactly what I’m looking for as you kind of know, I just said it we’re looking for stocks like Sunoco. When the oil is going down, they don’t care. They’re moving up. This is not what I want to see.
Okay. Total. Yes, but no, the reason no is because it had affect it. The oil market affected it. The reason yes. Is the oil affected it kind of, but then this is also a lot of market manipulation right there at the top. This is like, I think this is a French company too, so I don’t know anything was going on in France. So just be easy. But again, look earnings 84 cents, actual dollar 34. I do not see any problem with this company. We are in the fifties. We are in the fifties for June. We are down $10 or 10 cents cost basis. 45 cents mark 35. Yeah.
Well, Dutch shell. See, this is again, it’s not really what I want to see for what we’re looking for at this very moment. However, this fared a little bit better. Remember oil crashed on Thursday. This is Thursday. This is Friday oil crashed. It’s right on the hundred. Right? It’s came down like reversion to the mean it’s came down. It needs to like 44 is it’s high. I just be careful again, oil, because it’s all like right now it’s a lot of manipulation if you’re buying stock and not options by way. Right? Because remember we’re, we’re, we’re discussing options. So there’s a time limit on these. If there is no. If I had an unlimited supply of money, I would have be investing everything I had in the world right now. I know everyone’s like, cool. Both fossil fuels are going out. No, they’re not.
Have you ever as much, as much as we don’t drive cars, we make up for in plastic. Right. And makeup and everything, other products that petroleum is in. Right. So yes, the whole everything’s talking about, you know, we’re going to drive electric cars, but what are we going to make our plastic out of? Right. The plastics petroleum product. So, and I mean, I don’t want to talk about it too much cause there’s, I got a whole, much larger synopsis on the oil market and I don’t want to go into it. So he, he, this is like an Italian company. I mean, it held on pretty well it’s wherever this line is, it’s holding it. It held, it, held it, held it. Now it’s getting rejected by it. It’s holding this 50%. I give it a little bit more time. Kind of checked the oil market. I don’t, this is, this
Right here. If you buy it here, he would have had to flip out immediately because
If you didn’t flip out and it came back down on you, then it’s worth less than it was when it started. So in what we’re doing, this wouldn’t really work. It’s, it’s too volatile in the wrong direction. Now, if you catch on these perfect days, right, you’re good for a little bit. Right? You gotta have. But the reason I say it doesn’t work for us at the moment is because we’re only looking at it once a week. So these are like intraday. It’s like one, like three-day moves will be perfect and then get caught because we’re not managing it only, but once a week, does that make sense? So if I were to make videos on Wednesday, then this is completely different than we can. It just opens our, our arsenal X O M Exxon mobile, same thing, same exact thing. I got rejected at the 64, which is, I mean, this is what two weeks ago oil market oil market, or a market or a market don’t want to be anywhere close to this until it decides to do something. Now, do I believe if I was buying just to buy? Yes, I would buy just to buy, because look, this is July 14, right? This is the last time oil was anywhere when I was in Africa. And the oil market just went
Goodbye, but it’s is 2014, seven years ago,
If oil decides to do something, then Exxon is poised to literally go back up to one oh four and higher K M I, I have enjoyed this stock, man, look at this. This has 10 years. This one got destroyed over the years. Let’s go back into
The day. Let’s read K M I R K M eyes. We are in the money. We have the seventeens in the money. We bought them for 40 cents and now they’re worth a dollar And 82. And let’s look at what we’re doing. Yeah, I’m fine. This is another one of those. Sunoco’s where the oil market is crap. And this is like, yeah, we don’t care. We’re going B P British petroleum. Yeah. This is like the CVX and the Exxon. Not, no, thank you. Not right now.
We were talking about a whole video.
M M P
The reason why I say yay to M M P even though it’s following the oil market the last two days, right? This is disgusting. All right. Is for this one reason, we are at our high over the last year. And as much as the oil, market’s probably manipulating this. It’s not at all. Why it, this is so there, this, this is a partnership, right? So as long as oil is high oil can GI rate 40 points in a day. As long as it stays, maintains where it is, this company is going to make money because it’s a partnership and it’s set up differently. So they’re going to get paid on the services that they provide or the oil that they’re pumping regardless. So as long as oil is above like 40, they’re going to be making money, hand over fist. It doesn’t matter just from fees and the glide collections that they’re collecting. Let’s look at 10 years. Yeah, we got potential. Go up to 90.
Oh, say once you get to the 55, then
Kind of be nervous a little bit for a nice hefty pool back. But until we get to that point, because look at the 55, let me show you what I’m talking about. Boom difficulties here, difficulties here, difficulties here, and difficulties here. This is a monthly charge. So this isn’t weekly. This is months. So like just, we had one, two, three, four, five, six, seven, eight months back in, when is this 2013 around that area, then touch month, month, month, month for three months in 2015, while those are big moves, 68 to 54, three months in a row. Right? So that would be my biggest, like, watch out. Don’t forget that’s coming in close, but other than that, they pay great dividends. And I see no issue with this company. They’re going to get paid as long as oil is flowing.
All right. We got healthcare. Well, dare does. This is wild stock. Look at these, these ranges are enormous, right? Absolutely enormous. Let’s let’s do an extension. Yeah. That’s that’s the, if you see it, that’s the game that they’re playing ladies and gentlemen, you see it from this low, like basically the beginning of this parabolic move to the high, to the next low. And that’s the game that we’re playing. We stopped out. I mean, it reminds me, my numbers could be off just a little bit. So that’s probably why they’re off just a little bit, but one 91, a we’re fine. I don’t want to draw another one. One 91, 22 is really close to 89, 26. So, you know, my numbers could be off and you’ll see it, it like, it’s the [inaudible] it is stopping. And it is showing things at these numbers all around the board.
You’ll see, here, here, the stop-out right there, the rejection to support. I mean, it’s basically all around these numbers and now we’re holding the one 59 22, which is what, 30 points away from the high or not, not really the high, is it the hard? Yes, it is the higher. So we’re 30 points out. We were just, there May 4th and we got destroyed. So, which makes perfect sense. We’d talk like that. Just a whole bunch of sellers are right there. It looks like we’re headed and we hit all the way down to the hundred. So this is one, two, three, four days of just massive selling. So just keep that in mind when you’re looking at this it four days 30 points. So keep in mind this, this has, that stock has the ability to move and move drastically, which means our implied volatility will be higher.
So you will not be buying this, any options with this, for any cheap price. They’re all relatively going to be expensive. Why? Because of 30 points in four days. Right? So I, I, again, if it can hold this fifth one 59 22, then I would go maybe Delta twenties, two, three months out your Delta twenties would probably going to bring you up to like your 200 mark give or take out for July. So you’re really just trying to get some volatility on this. Like that’s a gamma explosion. Cause if it has one big day, let’s say, I mean, if it has, which is a week, so one, two, three, four, or five has it five days like this and you’re around the two hundreds and it goes from like one 50 to 180 or 200, you’re going to go, X are gonna explode. So I would play that if you didn’t have a lot of money, if you had a lot of money, wait until it holds the one 59 and then go heavy and look for it to break above this one 88. I mean, but be careful because if it could get rejected again and fly down
ABBV I would say that’s just really frustrating. We were in this one right now. I don’t know where there is the phone. Let me get the phone and tell you what we’re in. So Friday was just a bad day
For ABBV, but I think we have close to a month before expiration dates. So that should be fine. Hold on. All right. Now I’m back. Let’s go. A, B, B V. So we got the July one 20 fives. Yeah, it was, it looked fine to me. We are down $11. Friday hurt us $30. Sorry. We’ve already gone $11 off the low, and this has been massive destruction. I kind of like it. All right. Look at this. We held it, held the red line. Our next target is 89, which is 10 points would mean that there’s a 20 point move. So that’s almost a 30% move. Give or take. I think my numbers are right from the low, right? So that’s a massive move. It looks as if this could be turning the corner, right? Don’t forget. This was not that long ago. $181 stock that got destroyed to 79. I mean, they liked to fill gaps and this is a massive, massive gap. I don’t even understand this gap. This is, it literally dropped a hundred or like 90 points. So if it can turn around, there is a massive amount of movement that could happen in this stop. I’m curious. [inaudible]
So we’re looking 180 days out. Oops.
All right. A hundred. I don’t know. All right. Well, the one 20 fives still cost you. We’re talking about $2 and 25 cents give or take tours and 30 cents. And that’s a one 20 fives. So right here, halfway through, it’s like a dollar and that is November 180 days out. When was this up here? So this is last year. I almost want to, I mean, I know this sounds stupid, but if this can show me that it wants to continuously move higher out by some very far out, very far out of the money options about basically the, the one 81 to two hundreds. But as I’m talking about would have to be almost an expiration 20, 22 some some year, give it a long time. Cause this was entire year. So we’re talking about all of 20, 21. It is. It has been just looking terrible.
GILD Let me tell you the X the position we are in this one, we are in the July 16th, 70 fives. We got it for 50 cents. There are 42 now. That’s because of Friday. All right. It’s 100% because of Friday. So we’ll check it out if, I mean, mind you, this is why it’s very difficult to have a stop on this. Cause it’s it’s 50 cents. So yeah, a stop at 25 cents, but yeah. Yeah. Merck market looks like it’s doing okay. Okay. Yeah, yeah, yeah.
So I remember last, last week I was concerned about holding the 78 66. So it looks like this whole week we jumped above the 78, made it all the way up to 80 and crashed on Friday. But what’s looking lovely is Wednesday, look, we, we broke below, but we touched perfectly and then bounced again, which now it’s bringing our lines higher. I would like to see kind of if we can stay above the 78, 66, like I wanted to kind of do it, like it’s already down here. So if the kind of thing goes like this, and then up here then down and catches us right around like this level. Right? So I, it to go like, go down to the 78, go back up to 80, then come back down to the 79 and then I’d look, there would be a little bit better position for me to want to get in Pfizer, having a hard time beating that 40. I mean, we broke out, which is beautiful, 50 cents above, but as you can see, we have been around this number for about a week, week and a half, two weeks, three weeks when it was this one, two, three, four,
Five, nine, 10, 11, 12, 13, 14, 15. So basically three weeks, right? Yeah, it went down, but we’re hovering around here for three weeks. If we can stay above. Right.
It did not our targets 40. It w it ended on Friday at 39 95. I mean, it’s closed, but it did not close above it. If it can close above it and stay above it, then look forward to take out 41. And then we’re as targeted after 41 with a high, high of 43 Johnson and Johnson already kind of just looking and it looks like it is poised to do some, oof. This is knocking on the window that this is one, two, three, four, five. This is difficult. It is really close. So it could be very easy to be like, yup, let’s just go for it. However, we broke above, but we got rejected pretty strong and we did not get rejected at the high, right? The hot, we got rejected at 72 64, the highest 70 365. Right? So a $1 basically from the high, which is right here. So, If he could stay above the 68 oh seven, right. You see why I say that? So we got rejected. It broke out. So it took out some stops, just took out the shorts here, took out the shorts here and well, you know, shorts there too. Took those, took them out, got rejected. Right. So if he can stay above the 68 oh seven, then I would say the longs are still in control. When if it can drop, if it drops below there, then reevaluate the situation. Because it probably took out the long step that got in, like literally right here and right here, if that makes sense, AstraZeneca impressive. One, two, three, four, five basically kinda went parabolic on us. Not exactly what I was expecting, but I would be very careful because I could see this happening. Cause this is a gapper. You see how it gapped up.
That could be the exhaustion gap. So you see what I’m saying? Here’s the, this is probably the prof gap, the professional gap, right? Cause it wouldn’t down and it gapped high. And then they sold it to everybody that was getting in late and then bought it at the end of the day and then was able to let it go higher. This could be the, the, the end for it to, you know, gap up, come back down to the 55. I would like to see what happens because it does have the capability to go all the way down to the red, yellow line. It’s gone pretty far.I mean, it’s only $7, but just be easy. This we’re our close to resistance. I’d want to see it come down just a little bit before I buy it.
BMY Oh man. Look at Friday is just horrendous. So we are, oh, look at this. It broke out of its channel though. Right? It broke out and got rejected. Wait, where did it close though? Closed above. Right? So this is fine that it lost 95, 92 cents. Basically at the end of the day, it’s still gained 5 cents. Right? And it closed above our line of 67. We have the July 16th or dry 16, 80 calls a Friday kind of destroyed us. No for no other reason than probably Friday morning when it gapped up to 67 92, my options were probing worth a decent amount, but then they got destroyed for this one reason of all crushed. Right. Since he got, cause let’s look at Friday.
Yeah, exactly. So it gapped up high and then they dropped it. So if I had sold right there, it would have been a decent profit. But if you kind of see what they did, they doing this more than once. Right, right there, right there. It’s caching itself back up. Bristol-Myers I don’t see any issue with it going higher from here. Ooh, excuse me. This is interesting. So we have a multi-year three year high right here at the one. This was one 20 of 2000 at 68 32 or 34. Excuse me. If it can w when we’re in a weekly squeeze, if this breaks, this is going to break and it’s going to break strong as, hence, the reason I probably have the eighties. So yeah. Let’s pay close attention to it. If you’ve been loading up load, keep loading up because it looks as if it’s going to break to the long side and this isn’t what a two year squeeze. So the pressure on this could be massive UNH United health group. Okay.
Up, up in a way, one, two, three, four, five. So we were here. I was probably last week concerned that we might get rejected. We did not, we made it all the way up to four 25 and then got rejected. So I would look for it to come down, maybe down to three 94, but that’s a far away from here. This, this, when this doc went great. And then go from there. I don’t there’s oh, these are weeks. I’m sorry. Now I’m going to months. Let’s go back to days. All right. There we go. I was like, something just doesn’t look right. Yeah. There we go. Right. Cause I was like, well, why, why? One, two, three, four, five. So this is where we were last week. Okay. This makes a lot more sense.
So we hit our one 25. And since that time, one, two, three, four, five, six, seven, eight, nine. So basically two weeks since we hit this. So this one is probably a Monday when Monday, Tuesday, Wednesday, Thursday, Friday, Wednesday, Tuesday, Wednesday, Thursday, Friday. So yeah, this is Monday to Friday of two weeks. Friday got us rejected. Like just so be careful, we hit our blue line, but we’ve hit it twice. We hit our green line. Look for it to hit the green line one more time, maybe. But most definitely, it seems like it’s waiting for the red line to come up, which is where, I mean, it all started on, this is not that long ago. This is only March. Excuse me. So three months ago, we’re 75 points up. It needs to revert back to the main, excuse me. So one of two ways that this can do this, he can drop, or it can just stay stagnant until the next line comes. When do they report? They reported four. So their report again in three months, which is seven. So like a month and a half.
Basic materials. Let’s go ahead and get into our accounts. Let’s see which ones we have.
All right. So basic materials, O Y B not, we don’t have any LYB. We do have a couple of the other ones. So when we get there, I will let you know, L Y B Lindell Bissau one, two, three, four, five. So this is where we were last week. Looked like it was going to break out, but this is I’m pronounced. I remember this is what I was concerned about, that it might roll back down, which it did, and it did pretty ugly. What day was this? This is Friday one, two, three, four or five. So Monday, Tuesday, going into Wednesday, you had a terrible gap down that it looks kind of like it came from nowhere. So be careful with that.
It’s kind of weird at this price. This price is more attractive than this price, right? It’s a lot more attractive. I’d like to see, kind of, let me show you something. See how we’re playing this red line here, here, here, here, here, here. I’m I will be, I like it right here. I would like it even better. If in a couple of days it touches the red line and then decides is, wants to go higher. That would that just because it has shown me multiple times that it wants to touch this red line on this particular trend, right on the larger trend. However, if we go back from last 10 October, excuse me, sorry. Talking a lot. We’re at the a hundred day moving average. So it was turning on the a hundred. Now it’s on the 50. So just be careful because again, this is literally a a hundred percent move of this to here to back. So it’s already made it’s a hundred percent move. It would be perfectly fine for it to make it really, truly go all the way down to here, right. Or anywhere where this white, this yellow line is, and then decide to proceed higher. Do I see reaching one 25? I do, but I don’t know when I, he international paper.
So some international paper, we are June 65 call. We bought it for 70 cents. They’re at 85 right now. I’m pretty sure this is what we were talking about last week. One, two, one, two, three, four, five. So last week we were here, we popped up big just like the rest of everything else in the market. It went to poop. And then from there it looks like it’s coming back. I like these right here. They were kind of like cameras. Yeah. Got to keep an eye on this one because it looks like it could be poised to break out and make a new high come next week.
Dow industrial or Dow chemical. I don’t remember what they call it now. It looks terrible. Kind of, not really. Right. So again, this literally looks like international paper, one, two, three, four, or five. We were here on Monday, Tuesday, Wednesday, Thursday, Friday. So Monday had a beautiful day. Tuesday reached a brand new high and sell a bit sold all the way off and sold hard right. To support to the 20. So we, we literally went from like four point loss. So, I mean, it was a massive loss, 71 to 67. So it’s a big loss. Got everybody out from right here and stayed above the 68 21. We are in the what happened July 80. Yeah, we still have a little bit of time. I might even honestly want to get a little bit more when it was on Monday, this option was much higher. It dropped in half. We bought it for 44 cents, 23 cents right now. If it, if it can hold this 68 kind of wait until next week, kind of see what was going on.
I wouldn’t mind. Cause we have the July’s is not the June’s. I wouldn’t mind adding to that 23 cents because literally I spent almost $20 a day at Wendy’s. So for $20, I’m going to throw away anyways. I would bet it on this because I’m in for me, if it holds above the 68, then we’re, we’re shooting above the six. Does the 71, if it does it before, if we can get above this 70 to 77 before, like June, June, then just on involatility we should be at least up to like 60 cents, right? Sure. When Williams,
We made a decent amount of money on it on its way up. This it’s just waiting. It just, it had a three for one stock split here and has gone all the way up and just parabolic. Give it a little bit of time, give it some breathing space. Just be easy. It is close to target. But as you see, it has gone from two 30, three to two 90, almost 70 points since March. So it’s not like this is a long time. This is really fast. It’s barely these roofs. So I would not be surprised if it jiggles around here for quite some time to let our moving averages kind of come back up to us now, mosaic, I’m quite frustrated with mosaic
For no other reason than it did what everything else did. If the market was not crashing, I would love to wonder if mosaic would have hit the 38 94. Right? So this is Monday, Tuesday, Wednesday, Thursday, Friday. So Tuesday we were at, we had just braking made a new high and got destroyed, but so did the stock market, right? So it broke out what I wanted. So it did exactly what we wanted it to do. However, it did not hold where we wanted it to hold. So let’s go into this account. Let’s see what we do. So yeah. This last, that last little draw down hurt and it hurt bad. We were $2 in the money, right? Yeah. This destroyed is what happens. Not having to stop. We were $2 and then we got the 36 calls ending this week. So we need mosaic to do something and do something decent come Monday, Tuesday, Wednesday. Or we got to get out at 50 cents out of $40 loss when we had a $200 game. Well that’s sucks. Yeah. Well it’s my own fault. I didn’t have a stop.
All right. So we have the point D D
Yeah. One, two, three, four, five. So it broke out and it came back down. If it can hold this 83 17, then I would say, look for it to test the 87 27,
Which is over here.
We are trading the red line, so don’t be surprised if it does crash down to the red line to gather support and then take back off we’re. Well, we’re out of a screws. We had two blue bars, so the momentum has shifted, but again, like I said, if we can hold this 83 17, then our lines are going to increase in Nope.
Album B a S Y.
I mean, I don’t have anything negative to say about this. It’s not going anywhere. We can’t trade it with options. It’s boring. We’ll
Move on.
Eco lab looks like it’s headed back down to disaster. I don’t know about you guys, but it looks like we’re going to 200 or two seven. And then if the momentum doesn’t switch, we’re headed to one 99. Buying puts on this. I, I would, I would it’s below everything. It does not look like it’s going higher. Rio kind of mad at Rio
Made great money on the way up here, gone and got destroyed over here just a little bit, not like really bad. I went further in the money just so I wouldn’t make bad decisions. So the it’s not going to make a lot of sense. The calls that I made there really aren’t worth anything either there June 18. I think I got them all right here. So, I mean, at that point in time, they made sense. Got them for 45 cents. There were 7 cents, the June 18 one tens. Now we did find we’re at support right here. Where if you were going to buy Rio at all, then it was much better to buy it here than it was here. Why? Because we are at support we’re at the 50. Right? So watch it be careful. We’re very close to the high we’re 10 points out.
Let’s look where we’re coming from. So from 73. So, I mean, we’re, we’re getting close, right? We are much closer to the high than the low. So just be attentive, pay attention. It’s had a massive run. It was beautiful. Then got destroyed, but it’s found resistance or support. So just watch for it to come back up or just be careful. Cause we might roll over to the yellow line or at least to 82 45 Scott’s miracle grow. Nope. Don’t like it. I’ve already seen it. We’re below everything. This is one, two, three, four, five. So two, this is last Friday and it didn’t look very good and it has gone straight down. So not a very pretty sight. I would look, I don’t even know. It looks terrible. I look at, watch out first support right here. Oh, they’re down here. All right. Let’s see. One, two, six, seven, eight. I was just counting because I just realized there was a couple of them. I didn’t go through for the last two weeks on different charts. So I just want to make sure that there was 10 of them. And thank you and see you later.
The banking sector or, you know, finance financials. We got KK R we just, we closed out of this with a loss. It wasn’t very big. This, this down day right here really killed us and we never recovered that has to do a lot with me not managing throughout the week, which I’m going to have to start managing these throughout the week. At least having stops. All right, let’s go into the positions that we are in thus far, or right now
K K R. I’m frustrated with this doc. However, it is kind of doing exactly what it’s supposed to be doing. It is
We had our nice little run up, it came down, it kind of reversing trend as it broke everything. However, it came down and then it’s, it’s hovering around the 40 or the 55 48. It looks like it’s going to be hovering here for just a little bit as it wanted to push down and it did twice, but then it got like, look below and fail. Like really once right here. This is the look below right here. It came back and then it looked below for real and failed. And that’s that little, that little do Hickey right here. So it got everyone out that basically had this as a stop, got them all out and then was proceeded higher. That might’ve been the catalyst that we need for us to, to break higher. If we do, and it all has to do with the market, man, cause you see we market, this is Friday, Thursday, Wednesday, Tuesday, Monday market was basically horrendous all last week, kind of really choppy. And I mean, this sneakily started coming back on Wednesday, Thursday, and then Friday when the rest of the mark was doing all right, this was counter trend. However, again, if it can get above this 55 48, hold it, then I’m more interested because it’s going to take a couple of days unless it blows up there, then when I’m wrong. But if it holds right here, then our 50 will be moving up higher, which that’s kind of what I’m looking for.
And if you look, look, everything else on Friday in the financials was green besides KKR. Ooh, I like this. This looks good. We’re above the 41 91, one two, three, four, five. So we were here Friday. We popped up, we basically got to the 43. I mean literally 42 91 got rejected. This is Wednesday, Thursday. And then Friday bank of America held. I mean on Thursday we basically tried to close above. I don’t know. What did we close at? 41 87. So what we, what 8 cents 8 cents below the next day we closed a nice health, hefty 40 S 40 like 50 cents above 51 cents a buck. So, and I’m talking about this line right here. 41 95. We have in plain, the 20, the 20, the 20. And it looks like we are ready to proceed higher at least tested 43, 23 tests. These new highs of 42 95. And I wouldn’t be surprised if we go higher. Let’s chalk talk to Chuck. I like him. This is one. This is Monday, Tuesday, Wednesday, Thursday, Friday. Again, this is all market mumbo jumbo, which the whole entire market was down. So if the whole market’s down, there’s not much we can do. We are in Chuck. We have the June eighties, which We took a 50% haircut. I, we paid 46 bucks and now there were like 29 50. So 30 bucks, 16 bucks haircut. I don’t, I’m not worried about this position whatsoever. We’ll re revisit this next week. I see us at least trying to hit the 74 64 next week pending the market. Doesn’t have a whole bunch of all over the place. Oh, this is just terrible. We missed these guys by a week,
I think. Yeah, because we’re no longer in them. That’s frustrating. Cause it, I mean it ended up hitting exactly what we wanted. It just didn’t hit there fast enough. Wednesday would have been the best day to get in right here. And I mean, it literally has taken off since they’re four points and I’m pretty sure this is going to go higher. There’s I mean, it might at the 92 50 to maybe look for a little bit like hit it, come back down to like right here, like literally where it is right now and then go higher
And TRS. We made great money a couple of weeks ago on this. We caught this move then kind of choppy. We’re still really choppy again, Wednesday, just like Blackstone. This would have been beautiful to get in right on Wednesday. Looking for the banks really for this to hit the one 24 might be too late. Just be careful because it could go like, it all depends on how the market feels. CME. This would be a new one for us to be discussing very frustrating. Then this is the first week we’re discussing this because this is, this was just gorgeous. Yeah, I see this is, this is beautiful. I kind of want to see it kinda break out or like again, make a new high come back down. And then when we look to get back in, so probably next week T Rowe price, we, again, we hit this one, basically perfect. On the first run up, we hit it here and then we missed Wednesday. And since Wednesday it is back on fire. It’s 11 point gain in three days, FAS,
We are in FAS. We got in late Friday, early Thursday. So we got in on FAS here. Of course, this of all of them. This is the one that’s not doing the greatest, however, it’s triple leveraged. And if the banking sector starts or if the finances start going well, then FAS, we are positioned great for FAS. We are, we went out a little further on this one. We went to July 16, one 45. We paid $2 and 17 cents with a mark to mark right now at $2 and 28 cents. So we are up 5%, we’re up $11 on this. And I, I see that it’s gonna blow classes one 25, once it does then one 40 is, that’s why I got the one forties. But I got it all the way for July. So I gave myself an entire month expiration before it expires. It’s where I kind of paid up for it. But just to give myself the gift of time, let’s look back like a whole entire month. Like a month ago we were at 100, right? Let’s go weeks because what I’m giving myself almost six weeks.
So one, two, three, four, five, six. So right around this area, you have a layer on the a hundred area and yeah, it’s, I mean, basically touched the nine weeks. I don’t see anything wrong with the FAS. I see it’s poised. Now, the only way that this is destroyed, is it because it’s triple leverage you know, bull financial bull. So if the finance is turn, this is going to turn it. It’s going to be ugly and ugly, ugly fast, because it’s triple leverage. However, as long as it doesn’t, you know, if finances have a good day, then this is going to explode.
Goldman Sachs is another one. It kind of looks just like FAS. I mean, literally looks just like it. Earnings was right here. They blew earnings out of the water by doubled. And since then, it’s sky’s the limit. We’re looking at a weekly chart. Again, it touched the nine it’s running the nine perfectly. It’s up, up in a way black rock, same thing, same thing. We caught this right here. This run-up, these are weeks. Don’t forget. Well, we didn’t catch it all the way back here. That’s what that was. We caught it like right here. Let’s go to days. And so I can show you, we’ve got this run up. Yeah, watch out once this gets going, as you see the $15 move, this can move and it can move big. Like it can, it could easily get to, You have to remember the law of percentages, right? The law of percentages is key on this. So from this line to this line, that’s 90 Where does the percentage, okay. It’s 10% plus 84 points, right? Okay.
10% is 91 points. See how that’s an extra $10. So if it has the same move that brings us to nine 56, right? That same 10% move. Does that make sense? So 10% from here to here is not the same as 10% from here up law percentages, the numbers getting bigger. So your, your percentage is it basically is a hundred dollars. So your 10% is an extra 10. Does that make sense? I don’t know if that made sense to everybody. If you understand basic math than it should or basic percentages, isn’t it should. So we’re looking like this could easily move a hundred points in, I mean, look, 43 points in three days,
This could Easily get to nine 26 to nine 99 before July easily. If, if, cause here’s the thing. If they start raising rates and every last one of these banks is like oil, oil and banking basically got destroyed in 2008. And they’re the two sectors. If you remember, it’s been a long time, right? It’s been a very long time. And this is kind of right when I was getting into into everything. This was 2008. What was leading the market? Like the two major things was oil and finances since 2008, it’s been nothing but technology technology has, can politely controlled the world. Right. And when it comes the stock market, your banks and your commodities, I mean oil gold, kind of what, if you remember gold was at two grant and it went all the way down to 1600. Now we’re giving a little bit of a synopsis of kind of everything, but all of our commodities and with interest rates extremely low, it’s difficult for us, everything, right? It’s great for zone intensive industries like tech, where they need billions of dollars to start up. Right. But for banks, it’s terrible. They’re not making any money on the loans. So once it’s it switches around and, and inflation and with what’s happening, they raise rates and banks are gonna start making hand over fist money. All right. Talk to you later.
All right. Healthcare starting off with Merck and co.
Yeah.
So yeah, last week really didn’t do anything. So Monday, Tuesday, we drop Wednesday, Thursday, we pop and then Friday we drop. However I do enjoy this. Everything’s real tight. We did just break out. You see, let me show you a little closer. You see our shorter rained, excuse me. Shorter range. Moving averages are starting to cross over to the upside, which is a bullous sign, which is able as trend. You see how when it was popping up, it was the, get back to where it was the sh the shorter range or the shorter timeframe moving averages. You see how they were below now. They’re starting like even right here, they were below, below, below base are above the 50, but below the hundred, now they’re starting to be above the hundred above the a hundred. So the nine and the 20 are about to be above the a hundred, which is exactly what we want to see. So with Merck, I would say, let’s check out,
See
If we can find a short term or not really short term, more of like a, they got the weeklies, see one month out the June’s. What is the price that we are at 77?
Let’s go,
We’ll do a retracement. See? Yeah, it lines up perfectly. I mean, maybe not a hundred percent perfect. And my lines. Aren’t always perfect. However, we look, we are holding that 50%, right? We got rejected. Now we’re came back up and we’re basically holding the 50%. We’re a little off a little bit, but I think my numbers are off
A little bit on drawing the line.
Yes. See, I’m off just a little bit. So 85.
See if I can just Oh, no. Well, there we go. That gives us a much,
My other
Line looked like it was a little bit more accurate, however, that’s fine. As you can see, the 50 is what we’re looking for. So as I was for looking forward to options, however, with this new information and seeing this 50% line as kind of our big deterrent in the way I am still bullish, however, I would like to see it close above the 78, 76 or 78 66. So I would like to see it come up here. All right. Maybe break out, hit the 80, come back down to the 78, show me that it was going to hold the 78 and then let’s go for it. Right. That just seems like a higher probability trade
for me. Something that will make a profit more because right now I do, I like this trade. Yes, I do. However, I do not like the fact that we have the 50% retracement right in the way.
And we got rejected there. Look above fail. Massive hard, look above fail, look above fail. So I would like for it to look above and hold for maybe one to two days. Cause it, it keeps going above and then failing the next day. Right. It held one day. And this was in April since it dropped in, which was in February. So it’s in a nice trading range. I’d like to see a kind of break out of that trading range and then go for it. Now if this holds, Oh, I mean, again, we have five days. We’ll see what happens in five days.
Yes.
I liked this one C okay. The difference. The difference is you see how this is broken above the 50, right? I enjoy this much better. We just broke off in the squeeze. This one looks amazing. Is it too late to get in? I would not say it is because we are going w probability would tell us we’re going to get rejected right here anyways. So where we are, which we kind of got rejected anyways, look for the 67, cause it’s 67, 77 really? Only like 56 or what? 25, 75 points away give or take 75 cents away. I look for it to kind of come down there. Hold that just a second. Maybe one more down day and then boom. We’re up. I do like Gilly ad. Let’s see if we find anything Gilliad. That’s cheap With a big bang for our buck. We’re at 63 or 68 53, kind of a upward trajectory. Target is seven of 80. That’s really far from here.
74 would probably be a better target. However, we need to be kind of far out 33 days. I don’t see it in 33. It’s a lie. Yeah, I do. Kind of see, or are we seven give or take the 70 fives right here? Let me, let me find a writing utensil.
I like these, these look, this one looks pretty decent for me.
Oh, I know.
So what do we, we got the Guilliani G I L D 75, July ABB V. Well, this looks beautiful too. I mean, these are, I mean, it just, it Friday hit the high and then came back down now let’s let’s look at the 15 minute. Yeah. Hit the high end, first thing in the morning and kind of afternoon fade, which is fine. I’m all right with that.
Maybe a half a more day. I mean, it it’s it’s right at breakout. So it’s I like it. Let’s just leave it at that. I like it. However, it might be a little tricky, cause I don’t know how Monday is going to open. Right. So it’s difficult for me to say, yeah, get it right at the open. Well, what if it gaps up five points at the open and I’d be like, no way. Cause that’s that’s way further because we are looking for the night, the one 19, that’s going to be in our way. So we’re like right in the middle. I do like it we’re three points out of that. I’m enjoying it. However, just know that we’re not extended. We’re still hovering the line. We’re basically the, the twenties like creeping right up. I like it. Let’s see what kind of see, what do we got here giving us 61 days that, that timeframe I’m
Go over today is the utilities list. Now last week was a fun, very challenging for me week knots, because it was challenging for sake. Cause it was pretty easy. I told you guys watch out for the short, not last week. I just did not listen to myself all the way and Wednesday. And I went along, going into Wednesday and got hammered. However, I, I was pretty correct on, I just, I was over, over competent, I guess you can say. All right. So here we go with Sonova.
SoNova might be done with its downward trend, as you see right here. Right? So it’s Monday, Tuesday, Wednesday, Thursday, Friday. So this is the market going down Tuesday and Wednesday, right? And Tuesday, Wednesday, it held up relatively, relatively nice. Right. And then Thursday, Friday when the market started turning, so did it. Now we bounced or we got rejected right here on this teal line or a blue light blue, whatever you want to call. So I would like to look to see what happens when it hits this line. Does it break it and continue to kind of move to the green line up to the red line and continue to kind of it’s upward trajectory as in this is it’s done. Don’t forget. We have this line right here
To the right.
So to support all the way, going back to April 12th and April 21st, we broke through it May 4th and then retested on May 7th got rejected and then that’s where we’ve gone. So it’ll be nice to see kind of what happens as you can see. The first, automatically starts first all the way back in March. So this is a, well, it goes back even further. However, we started paying attention to it in March. So this line right here, the 33 89 give or take is really the line in the sand for Sonova. If it can get above that and stay above that, then I like to look to get back in. I look for a position, but if it can’t get above 34, I’m kind of cool. And I’d be like, well, that’s $7 away. Yeah. Got Burton this stock. And it can move as it went from seven 43 to 33 to 41 to 25. And this is all within what, two months. So yes, it looks like it’s it’s low. But if this is the kind of, it looks like that’s in the center right there. Let’s check this out.
Yeah. So it’s almost even the 50% retracement of that move. All right. Let’s see the bigger this right here. And it is literally right here. I mean it’s a little off, don’t get me wrong. Do you guys see what I’m saying? We’re doing a retracement from this high to this low and it’s basically, it’s pretty symmetrical as this, the line that I was talking about is basically in the middle. So that’s the 50% retracement give or take. Right. So yeah, again, I would like to see above the 50% as opposed to being below. I mean, if you can see what the numbers there, Brookfield, renewable partners partnership, this is kind of just like sunova.
Oh, I get you think about,
I will like this. I mean, obviously it didn’t give us what we wanted. It broke down would have been in lovely short. It would give us some 33 to make $3. Not very much.
Yeah, this is the same. I would like to see it above the 37 74, then we’ll start talking about it again. But I mean, it, it broke through retested and then can just kept going down one Friday, Thursday, Wednesday, Tuesday, Monday. So, I mean, it would have been a beautiful short going into the week just being like, yeah, it’s below the line looking into it and then we could have caught a beautiful short and basically four days, Friday, Friday, we would’ve gotten hammered, but for four days you would have caught a beautiful short. Yeah, but I, again, I’m not really looking for shorts at the moment. Maybe we’ll kind of transition to look for shorts as well, but right now I’m mostly just looking long and I don’t like it until it gets above the 37 74, A E S kind of seems like all these utilities are saying,
We got LyondellBasell this is, this looks pretty good. What is this? Monday, Tuesday, Wednesday, Thursday, Friday, Monday. It hit basically where we wanted it to retrace all the way back to one Oh nine. And you know, we’re at a 3% gain on Friday. Thursday would have been ideal to get into this. However, I would say it’s looking, I mean, it did exactly what we wanted. Came up here. Got rejected, came down. Now I’m looking for us to break out of that one 16, probably break above that. Well, it’s really a one 1692. If I saw correct for the next little bump up to one 25. Let’s see if we can find any options. One 25 given us 33 days for a dollar
It’s kind of look and see how long did it take us from get from here to here?
Because it’s 13, $13. So that would give us up to one 27 and it took nine days. So does it have the, the trajectory to get us there? Yes. Let’s check out. Hold on. Let’s look at, cause that’s what brought us there was Oh yeah. A huge earnings beat. So yeah, I like that. Where did I put my piece of paper?
So I would say, do you see where we are? We’re going, we’re looking at this one, the one 25 June. So given us 33 days, we’re probably be able to get it for about a dollar depending on how the month the market jumps. If it goes much more than a dollar, I don’t want it. Cause we’re only really looking at 13 points, 27. So $1 we’re trying for the price to get, it has to go above one 26 versus the profit. So if it any more than a dollar, I’m not really trying to get it just because we’re only looking for it to really go to one 27. Right. So I don’t know if that made sense to everybody. It made sense to me.
Oh, Y B one 25 June. Oh, We’re In 25 June. ECL. Where’s my phone. Here we go. Because look let’s first talk about the ones, the positions that we’re in. So under the basic materials we are in ECL. That’s why I wanted to, to point it out there we are, we got June 250 calls.
Yeah.
So giving us 30 days. Okay. They did not beat One, two, three, four, five. I’m guessing this was, why did I get this? I’m going to we’re we’re down six, wait a minute. One, two, three, four, five, one, two, three, four or five. I’m not really quite sure what I saw. I’d have to go back and listen to what it is that I saw in this
Oh yeah, I do. I get it came down. It held then we’re buying from here. Cause we have the two 50 w I’m looking at yeah, there, there it is. I see, I see it. I see it. I see it. We’re looking, I mean, this is high and tight. It’s w it just hit the 50, it bounced right back up to the nine and the 20 unless the market’s gonna have a market, right? Like it did this last week. I do see. Cause even look, this is Monday, Tuesday, Wednesday, Thursday, Friday. So Tuesday when the market was going bonkers down, this actually went up now Wednesday, when the market really, you know, took a dump, it went back down. But if you look where we close, we close above where it was down. So I almost want to say if Wednesday did not happen to the market.
Cause if we look, it looks like it came down at a little hammer and then it looked like it was going to want to go back up. However, the Wednesday screwed everything up. But then we closed here the two 24, which is basically the high of Wednesday’s low. So I still am pretty positive that this by June, I, yeah, by June, I see it. Unless it decides to kind of turn over, like roll over. I kind of see that if the market continues to stay strong, we’re popping out of this probably next week or at least retesting the highest this upcoming week. And if we can get over the two 31, then I’ll be extremely happy. Mosaic. We are in the money with mosaic. Yeah, we’re, we’re a 50% gain so far on this